Job is active

Business Development Director

12 000 – 15 000 $
Contract6+ yearsOn-siteSingapore

About this job

Position Overview

We are seeking a commercially astute and strategically minded Business Development Director to establish and lead our new regional office. This is a high-impact leadership role tasked with full Profit and Loss(P&L) ownership, driving aggressive growth initiatives, and positioning the company as a dominant force in the marine fuels landscape. The ideal candidate will act as a commercial architect, responsible for shaping long-term strategy, forging high-value stakeholder relationships, and expanding our physical and paper bunker footprint.

Key Responsibilities

Strategic Leadership & Market Expansion

  • Spearhead comprehensive business development strategies to penetrate markets, with a primary focus on scaling our presence across the shipping and energy sectors.

Market Intelligence & Commercial Analysis

  • Monitor and analyze global and regional bunker market dynamics, including supply-demand fundamentals for VLSFO, HSFO, and MGO, freight market trajectories, geopolitical shifts, and evolving IMO environmental regulations.
  • Identify arbitrage opportunities and leverage market intelligence to drive data-backed commercial decisions.

Client & Stakeholder Management

  • Cultivate, manage, and sustain senior-level relationships with key clients, including shipowners, charterers, and trading houses.
  • Design and execute comprehensive marketing strategies to enhance brand equity and secure long-term offtake and supply agreements.

Risk Management & Financial Oversight

  • Manage portfolio exposure and price volatility through robust hedging strategies utilizing futures, swaps, and OTC instruments.
  • Oversee credit lines, collateral management, and collections to mitigate counterparty credit risk.
  • Deploy advanced profit-optimizing and risk-mitigation structures—including Fixed Forward Price (FFP), Capped Supply Contracts (CSC), Discounted Floating Price (DFP), and Physical Collar Contracts (PCC)—to maximize margins while securing price stability for clients.

Operational Compliance & Team Development

  • Ensure strict adherence to internal risk limits, compliance protocols, and applicable local regulatory frameworks.
  • Leverage extensive knowledge of Maritime Law and Lien rights to protect company assets and secure contractual obligations.
  • Lead manpower planning, talent acquisition, and performance coaching. Mentor the commercial team to enhance operational efficiency and foster a culture of high performance in both daily trading operations and long-term strategic execution.

Candidate Profile

  • Education: Bachelor’s Degree or Diploma in Business Administration, Finance, Maritime Studies, or a related discipline.
  • Experience: Minimum of 10 years of progressive business development experience with a demonstrable history of successfully cultivating and expanding profitable portfolios with Chinese counterparties.
  • Commercial Acumen: Proven track record of achieving aggressive revenue and profitability targets while managing significant P&L responsibility.
  • Leadership: Strong strategic thinker with exceptional leadership capabilities, adept at stakeholder navigation and independent decision-making in a fast-paced trading environment.
  • Language Proficiency: Must be fully fluent in Mandarin Chinese (both written and spoken) to effectively negotiate with key stakeholders and navigate the local regulatory landscape in the Greater China region.
  • Autonomy: Capable of operating with high autonomy to manage regional business initiatives from conception through to execution.

Market insight

181% above median
4 800 $

Based on 75 102 offers with salary for this country

Full salary breakdown

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Frequently asked questions

What salary can I expect?

The employer lists 12 000 – 15 000 $ for this role at STAROIL ENERGY PTE. LTD. in Singapore. For comparison, the local market median is about 4 800 $ based on 75 102 similar offers.

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